Occidental Petroleum (NYSE:OXY) is better insulated from risk than most of its peers, carries...

Occidental Petroleum (NYSE:OXY) is better insulated from risk than most of its peers, carries little debt, and its weighting towards oil and natgas liquids provides a partial cushion against lower energy prices, writes WSJ's Liam Denning. OXY's competitive advantages also put it in a position to pick up assets on the cheap as other oil firms stumble.